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I’m self-employed, so I have to pay for health insurance for myself and my family. This year I’m paying about $10,000 for a family of four, and I have a family deductible of $5,000. I rarely go to the doctor, but when I did last month, and he stuck a scope in my nose to look at my sinuses, Anthem decided that qualified as a medical procedure and they didn’t need to cover it. Ditto for the CT scan. That left me paying about $800 out-of-pocket.

I took my son to the ER the other night because he was running a sky-high fever, and surprise, that wasn’t covered either. It seems I’m paying $10,000 a year for the privilege of meeting my $5,000 deductible. After I’ve given them $15,000 then Anthem will start using my money to pay some of my bills.

Anthem has raised their rate every year I’ve been a customer, and they claim the recession has caused so many cancellations they’ve had to raise the rates on their remaining customers. Funny thing about that, I just checked on Anthem’s parent company, WellPoint, Inc., and their profit in the last quarter of 2011 was $335 million.

Since it’s a publicly traded company I did a little more digging, and WellPoint’s profit over the last three years was $8 billion. Far from losing members they actually added nearly a million of them last year.

I’m just glad my family’s health is a commodity that can be exploited, and WellPoint’s president and CEO was able to make over $50 million in total compensation over the last five years. It’s good to see someone is profiting by me getting screwed.

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